How Livestock Price Insurance works: A producer’s guide to LPI
Send us Fan Mail What does it actually take to put a floor under your calf, feed, or fed cattle prices? On this episode of The Bovine, host Kara Mastel sits down with Brett Hassard, Livestock Price Insurance (LPI) Product Coordinator with Agriculture Financial Services Corporation (AFSC), to break down how Livestock Price Insurance works and where it fits into a producer's risk management plan. Hassard explains the basics of the program, common areas of confusion, and what producers should know when purchasing coverage and making a claim. The conversation also looks at real-world examples of LPI payouts, how to interpret the weekly LPI numbers published on ABP Daily, and the market factors that can influence coverage and settlements. The episode also explores LPI Connect, AFSC's online portal that gives producers access to their policies and account information. Listen For: 2:48 | The LPI elevator pitch: a floor price for your livestock 3:33 | Headcount vs. hundredweight: a common point of confusion 6:03 | From purchasing coverage to settlement: how the process works 8:42 | Examples of LPI payouts and early claims 13:02 | LPI Connect: AFSC's online portal and mobile access GUEST: BRETT HASSARD, LIVESTOCK PRICE INSURANCE (LPI) PRODUCT COORDINATOR WITH AGRICULTURE FINANCIAL SERVICES CORPORATION (AFSC) LinkedIn | Website CONNECT WITH HOST: KARA MASTEL Email | Website | LinkedIn | Phone Have ideas for future shows? Drop us a note, on social media or via email. ABP Daily | Twitter | Facebook | Instagram | Email






